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Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and...

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Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and losses LO P3 [The following information applies to the questions displayed below.] Stoll Company's long-term available-for-sale portfolio at the start of this year consists of the following. Stoll enters into the following transactions involving its available-for-sale debt securities this year. January 29 Sold one-half of the Company B notes for $78,810. July 6 Purchased Company X bonds for $124,000. November 13 Purchased Company Z notes for $267,100. December 9 Sold all of the Company A bonds for $517,200. Fair values at December 31 are B,$85,000;C,$604,500;X,$119,000; and Z, $279,000. Problem 15-3A (Algo) Part 3 3. What amount of gains or losses on transactions relating to long-term investments in available-for-sale debt securit does Stoll report on its income statement for this year

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